If there is no money then no one gets paid - regardless of guarantees. TDCP has no money. If they went bankrupt then the only thing of value is the patents. I believe they are worth far more than 200k but he has much more than 200k invested. I don't expect them to go bankrupt (that was my point - apparently he does not either)but if that happened then assets would be sold, lawyers fees paid, note holders paid and then preferred shareholders paid. If they got enough value when liquidating then he could cover his investments. But there is simply too many unknowns to just assume he will recoup his investment. I know you don't think it is a big deal that he did this. But it does show confidence on his part. He knows things we don't and he obviously believes they can put together a partnership, JV or other arrangement for funding or he would not have done this. I think Clonefan was correct. They are cleaning up the toxic debt so they can put some kind of deal together. If you have another theory I am certainly open to listening.
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